At a glance
Harmoney is a peer-to-peer lending platform that matches borrowers with investors. Harmoney operates by connecting individuals who want to borrow with individuals who want to invest. To list a personal loan in the marketplace, borrowers complete a 100% online application via Harmoney. Once approved, the borrower gets a personalised interest rate and then has an opportunity to tell their story; a chance to explain what they will use the money for. Harmoney gives investors the ability to diversify their investments over hundreds, even thousands of individual loans by splitting loans into $25 chunks.